Eliminating paraffin and wax in tubing strings could lower production costs significantly Wax and paraffin build up in mature oil wells could become a thing of the past, thanks to an invention from University of Texas Austin researchers. Petroleum and Geosystems Engineering Prof. Mukul Sharma, along with Drs. Raymond Zowarka, Jr. and Siddharth Pratap in UT’s […]
Paraffin build up prevented by invention from Univ. of Texas Read More »
IPAA says divestment movement is “just a media campaign” The head of independent American oil and gas producers says the much touted divestment movement from fossil fuels has no measurable impact on actual investors, according to a new survey. New research commissioned by the Independent Petroleum Association of America (IPAA) and released at IPAA’s annual
Divestment movement doesn’t affect actual investment decisions Read More »
Much more study needs to be done about relationship between oil and gas activities and earthquakes Recent Canadian experience may be instructive for American states worried about earthquakes caused by hydraulic fracturing and waste water disposal wells, as reported in a new study from the Geological Survey. Both Alberta, home of the Canadian oil and gas industry,
Fracking, disposal wells are inducing earthquakes, but caution advised Read More »
American oil production – USA a net petroleum importer through 2040 In its recently released Annual Energy Outlook 2015, the Energy Information Administration expects American oil production to rise through 2020 as oil prices recover from their steep decline, reducing net petroleum (crude oil and petroleum products) imports. AEO 2015 explores the effects of domestic American oil production under
American oil production to continue rising, imports to drop – EIA Read More »
CEO of American Petroleum Institute argues now is time for United States to exert influence in world energy markets Today, the United States leads in petroleum products, refining and natural gas production, and we’re on track to lead in the production of crude oil; facts reinforced by last week’s EIA Annual Energy Outlook. The report
Energy abundance and United States global leadership Read More »
Crude oil export ban lowers prices received by American energy producers Alaska Senator Lisa Murkowski (R) says she will introduce a bill to end the 40-year-old domestic crude oil export ban. It’s about time. Murkowski was speaking at the 34th CERAWeek – an annual gathering of international energy experts and leaders in Houston, TX – and noted that many federal energy
American crude oil export ban has to go Read More »
NFL players entrust Bront Bird with savings to help start West Texas pipe inspection company What do professional football and oilfield businesses have in common? According to Bront Bird, running his Midland-based pipe inspection company like an NFL team gives him a big leg up over his competitors. Bird brings the same fiercely competitive nature
Bront Bird: NFL linebacker turned Permian entrepreneur Read More »
Canada lagging on oil by rail regulations? Transport Minister Lisa Raitt is being left in the dust by her American counterparts and her lack of action could have serious consequences for Canadian towns and cities as oil by rail transport continues to expand. On Friday, US transportation officials introduced new regulations requiring oil by rail
USA upgrades oil by rail regulations, why not Canada? Read More »
Railroads also asked to more closely inspect oil by rail trains U.S. federal transportation officials said Friday they’re taking a series of steps to improve the safety of oil by rail trains hauling flammable liquids, including an emergency order limiting train speeds to no more than 40 mph in “high impact” urban areas. Among other steps
Oil by rail trains told to slow down by US transportation officials Read More »
Industry says methane emission levels have dropped dramatically in recent years despite much higher production The American energy industry is ignoring a potent political push back in its battle with the Obama Administration over methane emission regulations : Committing to doing the job better and faster voluntarily than cumbersome regulation could ever achieve. On Tuesday,
Voluntary methane emission targets best strategy for American oil and gas? Read More »
